Serica Energy plc
Serica Energy plc is an international oil and gas exploration and production company with activities focussed on Western Europe and South East Asia. Serica has operations in the UK North Sea, Ireland, Spain, Morocco and Indonesia and has built a portfolio of exploration, appraisal and development projects, striking a balance between established hydrocarbon-producing basins where the chances of success are high, and untested basins where success is less certain but the rewards of success are more significant. Serica Energy plc, formed in 2004 through the merger of Kyrgoil Holding and Petroleum Development Associates, explores for and produces oil and gas in Indonesia, Ireland, Norway, Spain, the UK, and the Norwegian sectors of the North Sea. Serica Energy controls proved and probable reserves of 5.7 billion barrels of oil and 41.8 billion cu. ft. of natural gas. Serica Energy has a 20% interest in the Norwegian Bream oil discovery. To raise capital, in 2010 Serica Energy plc sold assets in Indonesia and Vietnam to KrisEnergy for $1905 million.
Contact Details
Executives
Chairman
Antony Craven Walker
CEO
Paul Ellis